4 Evenwood Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a compact, well-maintained townhouse or small single-family home built in 1971, located in Winnipeg’s Westdale neighborhood. At 720 sqft of living space, it is noticeably smaller than both the street average (862 sqft) and the city average for comparable homes (1,342 sqft). The lot is also modest at 2,859 sqft—ranking near the bottom on the street and well below typical city lot sizes.
Its main appeal lies in affordability. The assessed value of $252,000 is significantly below the neighborhood average of $307,400 and far under the citywide average of $390,100. This positions the property as one of the more accessible options in its area, especially for first-time buyers, downsizers, or anyone looking for a lower entry point into Westdale without the premium attached to larger homes.
What is less obvious here: the year built (1971) ranks among the newer homes on the street (top 23%) and is on par with the neighborhood average. That means the construction is more recent than many older Winnipeg homes, which can be a practical advantage in terms of building materials and layout. Also, while the living area is small, the land area being below average could mean less yard maintenance—something not all buyers consider until after moving in.
This property is best suited for someone who values location and low cost over square footage and land. It would not be a strong fit for families seeking space or buyers hoping for a large lot for future expansion.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $252,000 is below the street average ($265,800) and well below the neighborhood and city averages. It ranks in the bottom 16% on the street itself, meaning it is one of the more affordably assessed properties in that immediate area.
2. Is the living area unusually small for the neighborhood?
Yes. At 720 sqft, it is below the street average (862 sqft) and sits near the bottom of the neighborhood rankings. Buyers accustomed to newer builds or suburban homes may find the space tight, but for a single person or couple, it is typical of older, more modest inner-city stock.
3. What does the "Top 23%" ranking for year built actually mean?
It means 4 Evenwood Crescent was built more recently than 77% of other homes on the same street. While 1971 is not new by today’s standards, it is newer than many older properties in Westdale, which can mean fewer immediate concerns with outdated foundations, knob-and-tube wiring, or very old plumbing.
4. Why is the land area so much smaller than average?
Homes with smaller lots are common in established neighborhoods like Westdale, where older subdivisions were often laid out with smaller parcels. This property’s lot is 2,859 sqft, compared to the citywide average of 6,570 sqft. This reduces yard space but also lowers property taxes and maintenance requirements.
5. What type of buyer would get the most out of this home?
First-time buyers looking for an affordable entry into a desirable neighborhood, retirees wanting less upkeep, or investors focused on lower acquisition costs and steady rental demand. Buyers who prioritize interior renovations or increased square footage may find the small footprint limiting without expansion options.